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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net loss attributable to NextDecade Corporation $ (15,238) $ (4,872)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 93 80
Share-based compensation expense (forfeiture) (2,862) (1,596)
Loss (gain) on common stock warrant liabilities 6,806 (7,774)
Realized loss on investment securities 0 423
Amortization of right-of-use assets 281 655
Amortization of other non-current assets 708 688
Changes in operating assets and liabilities:    
Prepaid expenses (114) (17)
Accounts payable (9) (384)
Operating lease liabilities (307) (502)
Accrued expenses and other liabilities 2,942 (5,483)
Net cash used in operating activities (7,700) (18,782)
Investing activities:    
Acquisition of property, plant and equipment (5,481) (28,163)
Acquisition of other non-current assets (3,104) (7,857)
Proceeds from sale of investment securities 0 61,972
Purchase of investment securities 0 (188)
Net cash (used in) provided by investing activities (8,585) 25,764
Financing activities:    
Proceeds from sale of Rio Bravo 0 15,000
Proceeds from sale of Series C Convertible Preferred Stock 34,500 0
Preferred stock dividends (27) (28)
Equity issuance costs (61) 0
Shares repurchased related to share-based compensation (140) (111)
Net cash provided by financing activities 34,272 14,861
Net increase in cash and cash equivalents 17,987 21,843
Cash and cash equivalents – beginning of period 22,608 15,736
Cash and cash equivalents – end of period 40,595 37,579
Non-cash investing activities:    
Accounts payable for acquisition of property, plant and equipment 18 342
Accrued liabilities for acquisition of property, plant and equipment 975 529
Pipeline assets obtained in exchange for other non-current liabilities 84 0
Non-cash financing activities:    
Paid-in-kind dividends on Series A and Series B Convertible Preferred Stock 7,724 6,924
Accretion of deemed dividends on Series A Convertible Preferred Stock $ 31 $ 97